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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has an interest in approximately 184.5 sections (118,080 acres) in this field, which is located around the town of Rocky Mountain House, Alberta. The company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Comment by TheRexmemberon Feb 02, 2022 11:40am
121 Views
Post# 34389265

RE:RE:RE:RE:RE:Production and growth back under control

RE:RE:RE:RE:RE:Production and growth back under control

They are guiding for 25 million or so in FCF and debt reduction.  My estimates are closer to 60-70 million. Partly because they have such low price assumptions for the year and partly because they finally have some drilling momentum going. 

a little bit of sell on history going on right now  but there is such deep value here now one day it pops like a coiled spring  

 

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